What IsMetaverse Face (MEFA)?

Metaverse Face (MEFA) is a decentralized blockchain platform delivering Face NFT for the metaverse. As per the whitepaper, a metaverse is a three-dimensional immersive domain shared by multiple users in which the partakers can interact with one another through avatars. The usage of metaverse to trade digital assets utilizing cryptocurrencies is earning constant traction worldwide. Metaverse Face functions with smart contracts on the (BEP20) Binance chain network. All transactions are recorded in smart contracts. MEFA doesn't use a database. Metaverse Face seeks to deliver virtual world character face NFTs, individually with various features. The traders can have their faces designed as a character. The platform aims to start an upper market to partner with virtual reality and multiple games platforms.

Major issues faced by most NFT projects are the shortages of use cases and not having an endurable economic system. It isn't easy to make virtual faces and characters, and there are also marketing and integration problems. To resolve these issues, the platform uses a proprietary algorithm for generating face NFTs. An unlimited number of faces can be created every day if wished. Metaverse Face reinforces this in numerous partnerships and merges with multiple separate projects. 

The longevity of the MEFA platform only rests on the capability to assure sufficient financing that fuels the platform's visions and goals. The first funding source is the 100 BNB presale. In this procedure, the platform allotted about 10,0000 dollars for advertisement.

MEFA token is native to the platform, and traders need MEFA tokens to trade NFT and mint. As per the website, 4% of each transaction will be redistributed to the holders, based on the current MEFA holdings that generates a passive income for them.

History of Metaverse Face (MEFA)

In November 2021, the platform launched its website and social media platforms, and then in December, MEFA started its token presale. In the same month, Metaverse Face got listed on various exchange platforms.